eXch

Highlights: Authorities have seized crypto from eXch for alleged laundering of stolen assets tied to recent hacks. eXch was linked to major hacks, such as the Bybit hack, through anonymous crypto swaps. Authorities claim the platform allowed users to hide […]

Highlights: Bybit CEO Ben Zhou confirms 27.59% of stolen funds remain untraceable after hack. Lazarus Group utilized mixers, bridges, and P2P platforms to move stolen funds. eXch privacy platform to shut down amid money laundering links to Lazarus Group. Crypto […]

Highlights: Crypto exchange eXch to shut down by May 1 after facing money laundering allegations. Management cites global pressure and SIGINT surveillance for platform closure. A new management team will oversee the transition of platform control. Cryptocurrency platform eXch announced […]

Highlights: Elliptic said hackers of the Bybit exchange may use mixers to launder $1.4B stolen crypto.  Lazarus Group follows a distinct laundering pattern, starting with exchanging stolen tokens for ETH. Elliptic reports Lazarus is now in the “second stage,” layering […]

Highlights: eXch has denied laundering funds from the Bybit hack but has admitted a small amount passed through its platform. Blockchain analysts claim eXch processed millions in stolen crypto and converted assets linked to the Lazarus Group. Bybit has urged […]

Highlights: Bybit replaced $1.4 billion stolen Ethereum, ensuring full 1:1 client asset backing.  An audited Proof-of-Reserves report will confirm Bybit’s 100% reserve holdings. eXch denied laundering funds but faced accusations of freezing user deposits and ignoring messages. In an X […]